+++THIS VIDEO ORIGINATED FROM THE EUROPA AUDIO/VISUAL SERVICE WEBSITE+++
Women earn an average of 17,4% less than men in the European Union, though this figure varies widely between countries and professions, and is usually greater in the private sector. The difference exists even though women often have better educational qualifications than men. There are many factors behind this wage discrepancy, it is a complex issue that affects women throughout the working lifecycle: from the moment they choose a career to their workplace activities and even into their retirement, where women face a greater risk of poverty in old age than men. Ahead of the International Womens Day on March 8th, the European Commission is launching a campaign to raise awareness about the gender pay gap and how it can be tackled, under the slogan Close the gender pay gap. It makes sense for everyone. Indeed closing this gap and valuing womens work can have benefits for employers as well as workers, helping to improve productivity and creating a positive, productive working environment that values and recognises the contribution of everyone, thus benefiting European society as a whole.
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